Bank of England established for biggest amount hike in 33 yrs, but economists anticipate dovish tilt

Critical Factors

With U.K. inflation working at a 40-year large of 10.1% in September, the Bank is observed mountaineering its major lending level for the eighth consecutive time.
Nonetheless, weaker expansion momentum and a much more conservative fiscal coverage is envisioned to ease the pressure for more aggressive financial tightening.
Goldman Sachs economists on Monday reduced their 2023 U.K. growth projections and hope a split vote in favor of the 75-basis-level hike on Thursday.

Source

Using my phone as a Paris guidebook cost me — here’s how to save on your bill when traveling abroad

Finance

Using my phone as a Paris guidebook cost me $50 — here’s how to save on your bill when traveling abroad

August 9, 2025

Key Points There are a few ways to prevent your cell phone bill from increasing much while traveling internationally, experts said. Among their biggest tips: Consider a T-Mobile cell plan, buy an eSIM or rely solely on Wi-Fi networks. Source

EV sales soar as Trump axes ,500 tax credit: ‘People are rushing out’ to buy, analyst says

Finance

EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says

August 8, 2025

Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source

Finance

Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more

August 8, 2025

Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]